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There’s no doubting the power of and Facebook.They are two of the most popular and valuable companies on the planet and their bosses are influential multi-billionaires.
Even the company names have become verbs – for searching online, and for adding new virtual friends.
There’s no doubt threats by the tech giants to withdraw their most popular services for Australian users would cause problems initially if they follow through – but ultimately the decision would backfire on both, experts say.
Both Google and Facebook faced a fierce backlash for their defiant responses to a new law, hitomi tanaka the News Bargaining Code, which will force them to negotiate payment to media companies for the news content they use.
Facebook and Google are so unhappy about a proposed new law requiring they negotiate with publishers to pay to link to news articles that they are threatening to withdraw services for Australian users
‘If this version of the code were to become law, it would give us no real choice but to stop making Google Search available in Australia,’ Google’s Managing Director for Australia told a Senate Committee on Friday
Google’s response to a Senate Committee was to threaten stopping Google Search in Australia, while Facebook said it may have to block links to new articles in it’s popular News Feed.Both companies have proposed alternatives including voluntary instead of mandatory codes, which have not been accepted by the Federal Government.
<div class="art-ins mol-factbox floatRHS news" data-version="2" id="mol-ede51e00-5ed6-11eb-af04-b1a2ae4dafb9" website Facebook threat to exit Australia – how would it affect you?
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